• From Shearman & Sterling: “Shearman & Sterling today launched “the FinTech Foundry,” a program dedicated to supporting the FinTech-related activities of their clients and the wider global FinTech ecosystem that consists of financial institutions, FinTech start-ups, accelerators and incubators, venture capital and private equity investors, and policymakers. Blockchain, crypto assets, big data and

  • From Jim Baker via Lawfare: Artificial Intelligence – A Counterintelligence Perspective: Part I. “…AI and the entire technological ecosystem in which it functions are highly valuable to private-sector organizations and nation-states. That means that nations will try to identify, steal, and corrupt or otherwise counteract the AI and related assets of others, and will

  • Kennedys to prototype six innovations from its Ideas Lab. “Staff at law firm Kennedys could become CEOs of their own legal start-ups after it shortlisted six of the more than 100 proposals generated through its Ideas Lab. The six shortlisted proposals will now be turned into prototypes with the help of the firm’s offshore

  • From Above the Law, Patrick Fuller’s thoughts on law firms’ obstacles to adoption of AI-based technologies. “The biggest obstacles for getting firms to adopt AI tend to be combinations of different factors — most notable are attorney compensation structure, the matter’s fee arrangement, and the practice area as well.” More of Patrick’s thoughts and findings

  • American Lawyer discusses Altman Weil’s latest Law Firms in Transition Survey here. With findings like this:

“…law firm leaders are increasingly fed up with their partners’ resistance to change. Meanwhile, half of firm leaders said there’s nothing especially different about their firms compared to their competitors,”

it’s a good dose of reality. I also

  • From Law360BigLaw’s High Costs Drive Cos. Toward Boutique Law Firms. I expect the same forces that are driving companies to engage smaller law firms (i.e., desire for better, faster, cheaper services) are driving them to Alternative Legal Service Providers (ALSPs) and firms employing technology to better leverage their attorneys’ work.